Bali Retirement House
Buying a Bali retirement house provides retirees with the benefits of living in the country with the comfort of living in a private home. Many people wonder whether foreigners can buy property in Indonesia. The answer is no, but there are still ways to purchase and enjoy a Bali retirement house.
Indonesia is quite strict about who can buy Bali retirement house in the country, and as of this writing, that privilege is reserved for native residents of Indonesia. There are, however, titles that you can obtain that allow you to lease, use or build properties in Indonesia.
The Hak Pakai title allows foreigners to enjoy the use of land that is typically reserved for Indonesian citizens. Once granted this title, the purchaser receives a title in their name and can hold it for an initial 20 years. After that point, the title holder can renew the title and extend the term to up to 70 years. This title is transferrable, allowing foreigners to see their property to other foreign buyers. Foreigners are only allowed to own one property at a time under the Hak Pakai title. In order to obtain this title, you must be living in the country and get a long-term stay permit, called a KITAS. You can also start a PMA corporation, which will allow you to own property in Indonesia while still living outside of the country.
Where to Buy a Bali Retirement House?
The most popular locales for retirement in Bali offer a combination of a low cost of living, beautiful scenery and access to healthcare and goods.
Pecatu is trendy, high-end and the most popular destination for dining, nice beaches and nice people. The area is known for cosmopolitan beach clubs, and you can find beautiful retirement villas right on the beach here. This popular neighborhood is steadily growing, so expect home prices here to be on the higher end. Samani Bali retirement residence is one of the best retirement residence in Bali manage by Dad Bali Property.
Canggu is a bohemian dream and the top destination for surfers. Here you will find yoga studios, cafes, weekend fruit markets and some of the most breathtaking sunsets in Bali.
Ubud retirement residence is the cultural hub for Bali and is an excellent destination for people seeking spiritual englightenment. Vegans love Ubud for their amazing selection of raw food restaurants and world-class vegan dining establisments. Ubud is the premier destination for rainforest exploration and pure natural beauty.
Sanur is a laid-back enclave of families known for Sunday markets, kid-friendly activities and surfing. Beachfront villas are in high demand, so expect to spend a bit more for your life here. Sanur is an excellent place for long walks and bike rides.
Uluwatu is a surfer’s paradise. The area is dotted with rock bars and beaches, so some retirees may find this area to be a bit more high-energy than they would like. There are, however, some amazing locations for golf experience , so it may be worth a visit if you live nearby.
Dad Bali Property is one of the best developer and management to provide retirement residence in Bali. With more than 15 years Dad Bali Property help some customers who like to retire in Bali.